Energean plc (OTCMKTS:EERGF) Short Interest Update

Energean plc (OTCMKTS:EERGF) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 205,300 shares, a decrease of 48.6% from the December 15th total of 399,500 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 1,026.5 days.

Energean Price Performance

Shares of Energean stock remained flat at $12.85 during midday trading on Tuesday. The business has a 50 day moving average price of $13.24 and a 200 day moving average price of $12.91. Energean has a 12 month low of $11.84 and a 12 month high of $15.35.

Energean Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 6th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, December 6th. This represents a $1.20 annualized dividend and a dividend yield of 9.34%.

Energean Company Profile

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.